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initially had before the $400,000 offer that john boehner the white house would contend walked away from when he proposed his $1 million threshold in this situation right now. that and a priority that the president outlined a week ago on friday before leaving to join the family in hawaii saying he wanted to extend unemployment benefits for a lot of americans. 2 million plus beginning to lose unemployment benefits, beginning of the end of the this week and significant element, as well. the president indicated to reporters when he spoke in the reefing room last he was open to several smaller steps enroute to a smaller package and unclear what the steps look like but that's surely discussed in the conversation. >> vick, let's talk about the backdrop here. the congress least productive, on the pace to be the least productive congress in history. on pace to pass around 219 bills. 111th passed 383. the 110th passed 380. the harry truman congress called the do nothing congress passed 906. so they're extraordinarily productive compared to what we have now. >> reporter: yeah. >> talking about why
and close to john boehner, i don't think he has the stoitsy to follow him to avert this cliff. look, the last minute, as tom cole said, the deals come together at the last minute. the last minute was really before christmas. as a practical matter, that is how these deals come together each of the last three years of the obama administration, on the budget, on deficit, on tax cuts years ago. they came together before christmas. it's hard to see how this works out at this point, to tell you the truth. there is a conference call at 2:30 among house republicans trying to decide what to do. we expect the leadership to let the rank and file know what their plans are. the speaker is not in washington. we understand he is in ohio of his home state. the president has landed here back at the white house in washington. it's unclear exactly where they go from here. essentially what john boehner is saying, you go first, harry reid. harry reid is trying to jam mitch mcconnell into allowing this vote to go forward without the 60-vote threshold, something that's necessary for virtually every vote h
speaker john boehner failed to garner enough support from his own party to even hold a vote on his plan to raise taxes for those with an income over $1 million. >> while we may have not been able to get the votes last night, to avert 99.81% of the tax increases, i don't think they weren't taking that out on me. they were dealing with the perception that somebody might accuse them of raising taxes. >> "outfront" tonight, chief white house correspondent jessica yellin and dana bash. ladies, nice to see both of you. jessica, we'll start with you. the president's message was short and sweet and kind of basic. what do you think is different this time around in what he is saying? >> well, what's different is it is less than two weeks until the new year and the president is about to leave for hawaii, and congress is going to be gone for christmas, too, and you know there is no more effective motivator for capitol hill than pressure, and they have it right now. what the president has done today is he has laid out a scaled down version of a fiscal cliff deal, you know, keeping tax cuts in place
about the fate of house speaker john boehner because there's a lot more at play than just raising taxes on people who make more than a million dollars with what we saw happen last week? >> yeah, you know, i have always been a fan of john boehner's. i've known him for 20 years. i think he's a strong conservative. he's got a bit of a conservative revolt on his hands dagen. any time you have a high-profile issue like this and you are about to bring to it the floor and you have a revolt among your own members of your own party, that's a bad thing if you want to retain your speakership. so i think there may very well be a rebellion come january when they vote on officially on who the speaker will be. you know, eric cantor is next in line. but i'm going to predict that i think that john boehner is going to hold on despite the fact there is a mini rebellion within the republican party. dagen: great to see you steve. merry christmas. >> merry christmas. dagen: be well, safe travels. i know you are in chicago. >> i have to come back early because of the fiscal cliff. dagen: steve, thanks. >> tak
, john boehner. let's figure out this guy. what is his story? he's the leader of the party that doesn't want to be led by him or anybody. they don't even -- well, it's not even actually a political party. it's a faction of tea party people telling the most republicans that they're not playing ball with them. >>> also tonight, hating hillary. that was the intriguing idea behind a politico story. when will the right learn to rekindle its hatred for hillary. everybody played the hillary card lately saying how great she was on the right so they could make obama look bad. at some point they will have to confront hillary clinton herself as the chief democrat in the country. when will they pivot? >>> if you're worried we'll soon be governed by sharia law, have no fear. republicans are keeping us safe from something that was never going to happen anyway. that and other low lights there 2012 in the "sideshow." >>> and finally my hopes for the upcoming year, especially from the president. this is "hardball," the place for politics. >>> massachusetts congressman ed markey announced today his can
the failure of speaker john boehner's plan b last week, house members are saying the ball is now in the senate's court. >>> former president george h.w. bush is in the intensive care unit at a houston hospital this morning. according to a statement from the bush family the president has been in intensive care since sunday, after suffering a series of setbacks, including a persistent fever. they also say he's relentlessly positive and spends time talking and joking with his doctors. in the next hour we'll take to you houston for a live update on the president's condition. >>> it's called one of the largest lawsuits of its kind, toyota agrees to a $1.1 billion settlement. we'll tell you who benefits and if one of the people who benefits is you. [ male announcer ] it's that time of year again. time for citi price rewind. are only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi pri
and they are basically mold. >> republicans might have reason to fret, their leader, speaker john boehner, his approval rating is lower than that of nancy pelosi, who is a vampire, i actually think. it's 51% boehner unfavorable and pelosi 50%. juan, you said something earlier you have been hearing that boehner is safe. i've actually been hearing the opposite. i like john boehner, i think he has a tough situation on his hands. he's trying to heard cats. i don't agree what he did the other day, why he had put a bill on the floor he doesn't have support for. you think he won't hold on? >> no, i think he will hold on. i don't know if it's coming but at the moment i don't think there's enough time before january 3rd to really line up. what happened to john boehner, i thought -- >> and he thought he had the votes. >> his troops abandoned him. >> ken next mccarthy should go down for that. he's the whip. he should know how many votes he has. >> no, he works for boehner. >> but he goes back with the information about how many votes he has. that was a mess. >> but the whole dynamics didn't make sense. it goes ba
to unprecedented. i have never seen a speaker be pushed back on as hard as what happened to john boehner this week. host: let me read you this, it is available online at -- the activists are seeing that speaker boehner and other republican leaders are too scared about suffering politically if the nation goes on the cliff. $500 billion in tax hikes and spending cuts that are triggered in january. now that his plan be legislation has failed, these conservative republicans say that they should be empowered to make big demands and stop keating to the present -- to the president. -- caving to the president. guest: i am not sure that makes sense to me. you need to get something to the house republicans, and the president has to sign something. if that does not happen, then you have a very large tax increases, a lot more than they were talking about in their negotiating, and you have the defense cuts that happen over time and some other non-defense cuts, and you have this huge amount of revenue, deficit reduction, it is hard to see what demands the republicans think will be easier to make, th
't know how it can happen now, why. >> the senate majority leader last out at john boehner, accusing him of running a dictatorship. >> he seemed to care more about keeping his speakership than keeping the nation on sound financial footing. >> republican leaders blamed the democrats and say there are limits to a compromise. >> republicans should not have to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that would not be fair to the american people. >> president obama flew home early from his vacation yesterday. speaker braoehner call the house back into town. but they understand their actions may not be enough to appease the american people. >> the american people have a right to be very upset with this congress. >> the treasury department would have trouble paying its bills. many economists worry the financial troubles would plunge the u.s. back into recession. just one possible effect of the fiscal cliff milk prices goodbye to about $2 or $3 a gallon because farm programs will expire at the end of the year. >> tri
cliff delate. after john boehner called off the push for a so called plan b saying the ball is now in the democrat's court there has been no movement towards any kind of deal. the wealthy and republicans want spending cuts. one key republican says what we really need is leadership. >> if you want leaders you have to lead. the president has been a pathetic fiscal leaders. he produced three budgets and can't get one vote for the budget. i would vote for revenues including tax rate hikes even though i i don't like them to save the country from becoming greece. but i am not going to set aside the $1.2 trillion in cuts. >> the president meantime is in hawaii, but he spoke out on the fiscal cliff at the white house on friday before leaving town for christmas. he scaled back his goals for the few remaining days between now and the end of the year. he is focusing now on the middle class tax cut and extended unemployment benefits. both of which would disappear january 1st if nothing is done. the president and his supporters believe a larger deal is possible, one that includes higher taxes o
'm not one of the people who jump all over john boehner. i thought he was making a good- faith offer. it was flatly rejected. part of this is about revenue. a huge part is budget cuts and reductions. this is something erskine bowles has been emphasizing. you have to make substantial cuts. host: the headlines in the papers this morning talk about the fiscal cliff negotiations and should the speaker retain his leadership. do you think he should? guest: i do not know. this has hurt him, for sure. you could argue there are more compelling person. host: like who? guest: the guy that used to work for me, paul ryan, is a very well spoken young man. there are other people. tim scott, congressman from south carolina. but there are others. i was saying on my radio show we have a strong bench. the bench is now in the field. those guys are out there. bobby jindal and scott walker susana martinez. new kind of republicans. they understand the modern world a little better. there are lots of candidates. who the speaker is matters less than the party getting back to its core message. host: return to
. the leader, speaker john boehner and the approval rating is lower than speaker pelosi. who is a vampire. 51% boehner unfavorable. juan, you said people say boehner is safe and i have been hearing opposite. i like boehner. tough situation. trying to herd cats. i don't agree what we did the other day to put a bill on the floor he doesn't have support for. but you think he won't hold on. >> juan: i think he will hold on. i don't think there is enough time before january 3 to line up. what happened to john boehner, my gosh, they -- his troops abandoned him. >> andrea: mccarthy is the whip. he should know how many works he has. >> juan: he works for boehner. >> kimberly: but he goes back -- it was a mess. >> juan: the dynamic didn't make sense. this goes back to what eric said. he, what everybody on the far right side why am i not going to put a vote in place not coming to reality. there >> exactly. no way, true conservative doesn't want taxes to go up. >> juan: but this is where we differ. negotiate and compromise if you care about the country and the economy at some point. i have been elected
on the fiscal cliff. today president obama called on house speaker john boehner to come back to the negotiating table. >> the american people are a lot more sensible and a lot more thoughtful and much more willing to compromise and give and sacrifice and act responsibly than their elected representatives are. >> now, the first family on their way to hawaii for the holidays. the president says he'll return to washington if there's a deal. >>> there were five funerals in newtown, connecticut, today for two adults and three children. six-year-old olivia engle loved being a big sister and helping her little brother explore. dillon loved chocolate. grace's family says she dreamed of being a painter. >>> we started to see all the ribbons and all your tributes to emily, everywhere, and a lot of you guys don't even know who she is. a lot of you never even met her. >> the last two faculty members were also laid to rest today. rachel's boyfriend was planning to propose on christmas eve. school psychologist mary sherlock was remembered for her devotion to kids in trouble. >>> condolence letters have overw
faced over past three decades politically. gregg: what of john boehner though? steve latourette, who said, the same 50 or 60 chuckle heads who always screw things up, speaking of the tea party group. >> yeah. gregg: he said it is not really the speaker's fault. is it the speaker's fault? >> well, look, i think boehner was, he is in a bad spot. there are no good outcomes here for republicans. there have been no good policy outcomes for republicans. i watched the steven latourette comment, one of the things that struck me, these are the guys, 50 or 60 chuckle heads came here and screwed things up. the presumption congress was working just fine before they arrived. i would argue that it is nice we have people in congress who are actually serious about looking at the long term consequences of our overspending over these past couple of decades. that is where the real problem is. he can say they're stubborn and not willing to compromise and all things he said repeatedly as he made those criticisms but the reality is they're actually trying to solve the long-term problem. he may not like th
republicans. >> reporter: all eyes now turning to the possibility since speaker john boehner was not able to get enough republican votes to move forward with a plan late last week, that maybe now the senate will have to workout a compromise between harry reid, mitch mcconnell the democratic and republican leaders, and the president who is here in hawaii when you talk to his staff they say it's very likely some time after spending christmas with his family, whether it's the middle or later part of this week he's likely to head back to washington to sit down with congressional leaders and try to work this out. >> reporter: it's a bit encouraging for a lot of folks who were wondering about that question. i'm curious is there anyone on the island that is critical to the fiscal talks that joined the president on this trip or is everything being done electronically? >> reporter: most electronic leave. the one interesting point is when i mentioned the memorial service for senator inouye the person giving the oo eulogy was harry reid. they may have got even a chance for a little private time. the
to see how the meeting shapes up next hour and so are we. neil: john boehner can deliver his caucus without spending cuts and democrats can't come to the table must -- my hand a doing this, republicans agreed to tax increases. we are going over the cliff and that might be what both sides want. >> the possible scenario where if the market reacts negatively lawmakers would feel the rush to pass something else. it became clear after john boehner put on the table keeping tax rates and taxes where they are for income amount of less than $1 million, not enough in cuts, you have to get democrats and republicans to bring this over the line in the house much like you have to do in the senate which is why this has to be worked out with a democrat and republican leaders in the white house later today in a last-ditch effort to get something done before new year's. adam: rich edson on his way to the white house. for more on the last-ditch talks to avoid the fiscal clip i am joined by heritage foundation budget expert and data analyst director bill beach. , the conspiracy theory, in actuality bot
come back and do it and sworn in january 3rd and john boehner elected speaker, later that week or the next week, that's my guess having observed it several years. sometime january 10th, let's say, to pull a date out of the air, a thursday. anyway, i have no crystal ball. >> no offense. >> no pun intended, right? >> yes. but actually -- i do have one. back to you. let's quit while i'm behind. >> peter, you want to place any bets and get in on the pool there? >> reporter: as long as it's not cash on the table, we might as well. i'm thinking this thing has to happen by the same week, i think a couple of days before mike mentioned but i think that's when it's likely to happen and clear this is as mike noted all about principles right now. >> i do want to quickly on the next issue coming down the pike, the debt ceiling as mike noted, that's set to expire. they can sort of extend it moving money around but i thought bernstein had an interesting take on how the president may approach the debt ceiling. you either negotiate with terrorists or you don't. i take the president at his word
the housement they want to avoid fitting the call. house speaker john boehner held a meeting with fellow gop leaders and said he would give them 48 hours before calling them back from their holiday vacation meaning saturday is the earliest time a fiscal vote could take place on this deal. treasury secretary tim geithner said the united states will hit the debt ceiling on monday unless he takes extraordinary measures. they believe it could force congress to come up with a deal before monday's deadline but some republicans are not as optimistic. live in washington, ktvu channel 2 morning news. >>> they set $2 billion for unit who made her first court appearance. she was drunk when she hit a group of people. the woman was knocked up to a hill and she was studying criminal justice before that police crash. >> she is somebody who was never in trouble before and a quarter short of graduating from college. it is horrible of what their family is going through. >> eunice is expected to enter a plea on monday. >> more than 100 volunteers will be recording every bird they spot. it is part of the christ
a solution that can pass the congress. he is the only one that can do it. this isn't john boehner's problem to solve. he has done his part. he has bent over backwards. mr. president, how about rallying your party around a solution. how about getting democrats to support something? >> and as of last night at that white house statement, president obama did say there was still time to make a deal between now and the end of the year. but he also made chris tall clear that nothing is going to happen until at least after christmas. back to you. >> alisyn: all right, peter. thanks so much. john boehner is going to have to have some spiked eggnog i think starting today. >> he is in a tough spot. >> he is in a very tough spot. >> especially when you see some of the reports this morning that republicans aren't willing to go on the record for wanting him out of the speakership. >> there is no replacement for john boehner. who is going to take the house and bring them together? >> weather. people are concerned about it as they are heading home for the holidays. the storm system that pounded the midwest
of distractions in the republican party, as to whether john boehner keeps his job as speaker and a whole lot of questions about whether the tea party has been decimated by boehner, whether they rise up. the president may try to push something through real fast, what do you think? >> it would certainly not make things easier for speaker boehner, but i think there is incredible skepticism regarding a carbon tax in the next go-round in 2013. so i think it would drive a wedge in the caucus even further, but i don't know that you'll see a ton of republicans jump on board for a carbon tax. david: no, no, you won't have a lot of republicans do it, but i think you'll find the president pushing in that direction, maybe focus narrowly on natural gas production. thank you very much. sam, it's good to see you, my friend, appreciate it. >> thanks for having me on. thanks. >> the president can pay for all of the spending just by raising taxes, so how will he foot the bill? is a fat tax like the one that they have in europe the way to do it? a vat tax? a value added tax? is that story coming up next. how d
reaching out to another republican leader after his negotiations with house speaker john boehner did not result in a deal. >> well, traffic don't in downtown san francisco could grind to a halt. that's because today is the last scheduled critical mass event for the year. for those new to the area, on the last friday of every month, dozens of cyclists ride alightning the waterfront and down market street and drivers are always advised to expect delays. >> peeking of, we haven't really seen any this morning. let's go to tara and see if that changed. >> no, the same story. maybe a lot of folks headed up to the tahoe area. maybe they already left as a matter of fact because the skiing is going to be pretty good up there. right now i want to show you my maps so you can see exactly what i'm talking about up here. the roadways are completely clear and in livermore the same story. overall a very nice commute this morning. 237, those taillights there on the far right hand side of your screen westbound and this is one-on-one toward san francisco. on the left toward downtown where we haven't se
do. >>> he shouldn't have let them go. they're not here. john boehner cares more about keeping the speakership than keeping the nation on firm financial footing. >> i'm frustrated because we have been asking the president and the democrats to work with us on a bipartisan agreement for months. literally for months. >> doug: late breaking news from mitch mcconnell's office. we hear all parties have been invited to a meeting at the white house tomorrow. however, we are hearing also from the senior democratic aides there is no such meeting and from boehner's people that they haven't been invited. welcome to washington. fiscal cliff negotiations as if to signify how america wants the parties to come together. starbucks barristas today are hand signing each of the coffee cup with the words "come together." anything will do at this point. bring in the panel. steve hayes for "weekly standard." a.b. stoddard, associate editor of the hill. sindcated columnist charles krauthammer. a.b., the res tent numbers-cruncher. what do you make of the back and forth today? >> today was about the dra
of how the talks collapsed. one point president obama reminded john boehner of the election results saying, you're asking me to accept mitt romney's tax plan. why would i do that? the general piece is packed with revealing details. boehner's backup bill dubbed plan b may have failed spectacularly on thursday night, never got to a vote, but t"the daily beast" had its own failure, reported that plan had passed plan b before correcting the error 15 minutes later. hillary clinton did not testify this week the a congressional hearings on the benghazi attack because she's recovering from a concussion suffered after she had fainted. some fox news commentators practically demanded she get a note from her doctor. >> she's suffering from acute benghazi allergy which causes lightheadedness when she hears the word benghazi or is being asked about it. >> how could she get a concussion when she's been ducking everything. this is what i don't understand. makes no sense to me. >> hillary clinton, i guess she passed out somewhere. is she unconscious somewhere? >> bill -- >> she can't testify. >> rea
not want to negotiate. >> john boehner failed to get enough votes were planned beat that would raise taxes for people earning more than $1 million. the speaker, and the president left town without making a deal. >> i have passed leaders of congress to work together to create a deal to protect and employment for 2 million americans, protect middle america the middle income americans and also work on deficit reduction. >> the president solution would still leave red ink as far as the eye could see. and difficult for jobs. >> this is it difficult for the brink of perpetual gridlock. >> this is likely that we will go over the fiscal cliff and not and if we allow that to happen. would be the most concord consequential, terrible act of gridlock. >> president obama is in hawaii but could possibly cut his vacation short to hammer out a deal. >> thousands of nurses will walk off the job today at nine bay area hospitals. nurses with sutter health's alta bates summit medical center are asking for negotiated labor contracts care protections. such as staffing levels, health benefits, and sick days. str
in a trumped up fake scandal that rick santorum and john boehner created in the '90s, a house banking scandal. he lost his career, put on trial, exonerated, but he spent the last 20 years unappreciated. and i think he deserves recognition, joe early. >> phyllis diller. >> they were key makers. >> and rose to fame in the same era, i am very sorry to see go whitney houston. we're going to be back with more of our last word holiday show. ♪ ♪ ♪ phyllis, phyll . >>> welcome back to "the last word," holiday party. our new category is the biggest surprise of 2012. karen finney, what was the biggest surprise of 2012. >> that we were able to call the election around 11:00. >> i actually thought it would happen, by the time we got to california, closing time we would know. >> i really thought it would be a much bigger mess, and i didn't think the president would be able to win without us having a debacle in florida, and thankfully we didn't. >> joy reed, what was the big surprise? >> the big surprise was that mitt romney chose paul ryan as his running mate. he is the right guy? but as a democrat,
's your boss, john boehner, m.i.t. rom mitt romney? don't bet on it. the angry man or woman in the back row of the tea party, the angry one that stands up and scolds him, you betrayed us, you are one of them. do they want to be the person who voted with the party leadership or worse yet, the democratic president, or the one who voted against all of that and stayed true to the purity of running the tea party. and feel like a green giant. ♪ ho ho ho ♪ green giant progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup.
not see the republican -- john boehner is working with the president to do anything. they do not do anything. they have -- they do not work with the president. i am wondering, why does he not work for the american people that they elected to do the american people business, not their business. host: thank you for calling. a live picture of the u.s. capitol. 7:23 in washington. some heavy rain and perhaps some snow. a. when terry mix are expecting in town. we mention that because the president is heading back into town. the senate and white house -- the senate and house are due back tomorrow. this is an politico. there is another piece of this morning that says the house member elect is also interested in the peak in the seat -- adapter the seat. springfield, va., lewis, an independent. caller: good morning. you could consider me a little bit pessimistic. i am actually looking at it as realistically as possible. i have a degree in macroeconomics. i believe that they all should be -- we should institute term limits on all of them. maybe a six-year term limit. they're all thinking of r
. they're not here. john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing it is obvious, mr. president, what is going on around here. he is waiting to january 3rd to get re-elected as speaker before he gets serious with negotiations because he has so many people over there that won't follow what he wants, that's obvious from the debacle that takes place last week and it was a debacle. he made an offer to the president. the president came back, they are just a little bit ap he walked away from that and went to plan b. but -- which all you did is whack people who need help the most. poor people. and he couldn't even pass that. remember, he is not letting the house of representatives vote, he is letting the republicans vote. it was so bad, he was in such difficult shape there he wouldn't even allow a vote to take with his republicans because he knew he would lose. for months, he has allowhood house republicans to hold middle class taxpayers hostage to protect the richest 2% and the funny part about that, mr. president, the 2% don't wa
. >>> if you're a member of congress and a member of the tea party, who's your boss, john boehner, m.i.t. rmitt romney?
in order to pass this. if john boehner frees up the republicans in his conference, allows them to vote with the president, very interesting political dynamics i think downhe road. melissa: yeah. kim perly, did you feel taxes of all your clients go up during that speech there? >> yeah. i felt that go up and my blood pressure go up at the same time. the realty is, you have to plan for both a and b. if we get a deal and it helps that's great. if it is not and taxes go up, then i have plan b set in order for my clients and investors t there. i mean, but the reality is, i think everybody should plan that. taxes are going to go up. for some cases i don't think that is so bad. capital-gains tax going to 24%. i don't think we're too worried about that i'm happy with that. my clients are, some o my clients are happy with that we have to give a little bit too. about the greatest good for the greatest number in my opinion. congress has to get together and as he said we have to come to some kind of conclusion because growth of this country is capitalism and small business. melissa: right. >> we ca
had their say on sunday talk shows. there is a lot of talk and not much action. john boehner called off his public for a plan b, there has been no movement toward any kind of deal and some are saying the president wasn't to avoid that fiscal cliff. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. he sees a political victory. he gets additional tax revenues and gets to cut the military which democrats have been calling for years. he gets to blame republicans for it. >> reporter: if nothing has done by the end of the year, taxes go up for everybody. >> gregg: will be the president be working on these issues during his christmas holiday in hawaii or is it golf and r&r and spending time with the kids? >> mostly r&r but on friday the president acknowledged there might not be time for any grand bargain. he scaled back for expectations for the rest of the year. one democrat said a larger deal is not impossible. >> we what we ought to do is take speaker's last offer, president's last offer and split the difference. that would be
and john boehner are both frosty saying it's in the other guy's court saying to avert the largest tax hike in history and reid saying it's time for house republicans to put middle class families first. >> if we go past no deal, the markets are likely to decline in a significant way and involve most americans and they don't want to have themselves blamed for that. >> reporter: already stocks have dropped three days in a row over fiscal cliff fears. from wall street to main street, it is building. >> both parties to are to blame if they don't come up with something. >> we are really in what amounts to a fiscally irresponsible position trying to please everyone and please no one at all. >> reporter: even starbucks tries to hand out advice writing "come together" on every cup. >> reporter: washington could use a warm cup of coffee on a morning like this. complica complicating conversations going forward. treasury secretary, timothy geithner says on the 31st, the u.s. will hit the credit card limit, the debt limit and will have to take extraordinary measures to pay its bills. >> peter alexander
deal. starbucks shares at this point down slightly, 48 cents. imagine john boehner going into starbucks and they write on the cup, come together. hello. lori: boehner, this is directly to you. tracy: exactly. howard schultz is on the campaign to fix the debt. he is one of the ceos that has come out. lori: he has nothing to lose being advocate, being outspoken. the stock is healthy the company is thriving. talk about where crowds are right now, any starbucks on any corner. tracy: i hope they do it with a big black sharpie. come together. write it on the cup. lori get the latte. lori: if washington gets back together and we get a debt deal and economy picks up? that is big if. there are industries that stand to add the most jobs. tracy: we'll tell you where you should be looking if you're ready for a change of pace. that is all next. stay with us. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ]'ll bust your brain box
john boehner to a certain extent? >> i guess you have to blame everybody. i didn't like the fact that they went in for a vote the other day and didn't have the vote. that didn't look good for anybody. and it certainly didn't look good for the republicans. the democrats loved it. but that was a momentary -- that was just a time in place. look, the republicans are sitting there with a nuclear weapon, so to speak. they have debt ceiling coming up. they can use that as part of this negotiation. and they should. and they shouldn't settle unless the deal is a great deal for this country. not for the republicans or democrats. unless it's a great deal for the country. we have to straighten this country out. this country is a mess. and we have no leadership and we have to straighten it out now and stop talking. whether they go on vacation or not, not good. sends a bad signal, but we have to straighten this country out and shouldn't do plan b -- they're all temporary. we should do the final plan or no plan. go over the cliff if you want. i don't call it a cliff 'cause i don't think the re
speaker john boehner used the g.o.p. weekly address to say republicans will maintain their focus on reaching a budget deal. >> i've challenged the members of our party to grapple with these issues. to make tough choices. and we're willing to. because washington is -- has a serious spending problem. this was the year, the size of our debt, all $16 trillion of it, surpassed the size of our entire economy. it is a grim milestone. >> this week, both sides continue to blame the other for not compromising. >>> it looks more likely than ever that eastern and gulf ports are going to be shut down by a longshoremen strike. nearly 15,000 dock workers at ports from boston to houston are ready to walk off the job as early as next weekend. their union says negotiations are still possible. but no new talks are scheduled. shippers and retailers are pleading with the union and cargo carriers to get back to talks and avert a major trade disruption that would affect half the country. >>> the population of the international space station doubled this morning. the soyuz space capsule carrying america
with the markets ten days ago, the markets ripped when it looked like boehner put on the table an extension of one year on the debt ceiling. as john has been saying, that's the biggest risk factor to look that. he gave that and he expected, his caucus expected a on the from the president. he didn't get any 2013 or '14 real spending cuts. they got long-term promises, most people in washington won't be in office in ten years. that's the sticking point. it comes down to medicare, spending cuts 2013, 2014. you have to trade what i've been saying of the last month. i've been buying on the moments of fear, receiving the rallies. ill think we're going to get a deal but you have to trade around that. >> let's hone in on that. let's say december 31st passes, we're there january 1st, january 2nd is the first trading day, market participants can react to what is a lack of news. they are working in washington to get a deal together, is that going to be an inflection point of fear in the markets? >> just before, as we saw today, probably going to have one more of those moments of fear and then we're going to g
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